Circle switched on Arc, its own Layer 1 blockchain, on Wednesday, with BlackRock, DTCC, ICE, Mastercard, Visa, Standard Chartered, MoneyGram, SBI Group, Sumitomo, Worldpay and Galaxy among it
Circle switched on Arc, its own Layer 1 blockchain, on Wednesday, with BlackRock, DTCC, ICE, Mastercard, Visa, Standard Chartered, MoneyGram, SBI Group, Sumitomo, Worldpay and Galaxy among its founding validators.
USDC is wired in as the network’s gas token, meaning transaction fees are paid in a stablecoin rather than in a volatile native asset. Circle put more than 100 institutional and ecosystem partners on the network from day one.
